Auto Loans in Greensburg (PA)

If you’d like to secure financing for a new or used vehicle, we can help. Our extensive network of Pennsylvania dealers and lenders is standing by, awaiting your application. Just apply online, and we’ll work to get you approved from a lender or dealer who suits your needs.

Dealerships That Work with Bad Credit in Greensburg

Less-than-perfect credit is not an issue. If you just were to go from bank to bank, submitting applications, you might face a few rejections before you’re done. We offer a better solution, in that you can submit a single credit application, and we’ll find a lender who can get you behind the wheel. Income is their main concern, not FICO score. A down payment and income verification will often be expected, but most of our clients get approved nearly instantly. We can find you a bad credit car dealer or lender in Greensburg who’s ready to approve you for financing – and because we’re compensated by the dealers themselves, it’s free! Apply Online!

How Much Am I Eligible to Borrow?

Estimating how much you can borrow is pretty easy. All you have to do is multiply your monthly income by the income factor associated with the state of your credit. We’ve included such an estimation, based on the average income of Greensburg residents: $1,109.

Credit Income Factor Amount Borrowed
Great Credit 10 $11,090
Decent Credit 9 $9,981
Slow Credit 8 $8,872
Bad Credit 7 $7,763
Really Bad Credit 6 $7,763

As we stated before, the amounts listed above are approximations. For a precise quote, please submit your application.

Down payments can be offered in cash or trade equity, and typically are priced between 5-20% of the vehicle’s price. They are frequently required of individuals with a subpar history of debt repayment. At this point, the Loan-to-Value ratio becomes one of the most important factors. This is the loan amount in relation to the wholesale value of the vehicle.

Amount Borrowed Vehicle Value LTV
$10,000 $15,000 67%
$12,000 $15,000 80%
$15,000 $17,500 86%
$20,000 $25,000 80%
$20,000 $30,000 67%

Lenders who deal with people with credit problems typically prefer lower LTV’s, because these present less risk. The good news is, as the economy improves, more dealers and lenders will be approving car loans in Greensburg with no down payment.

We get clients approved each and every day, even with credit and down payment issues. Apply now!

Buy Here Pay Here Dealerships in Greensburg

For those who have experienced a bankruptcy or foreclosure, you’ve probably wondered about working with one of the buy here pay here dealerships in Greensburg. Dealers like these finance consumers that can’t get approved anywhere else due to credit problems. They finance people with problems like open bankruptcy, foreclosure, or repossession within the last year.

Greensburg-Specific Financial Profile

Credit ratings are only part of the picture. Creditors review your income, employment history, and debt repayment history.

Listed below are average stats for Greensburg residents.

  • Gross Earnings: $1,109 Per Month
  • Average Monthly Payment: $122 (11% of Income)
  • Ideal Car Payment: $89 to $111 (8%-10% of Income)

Poor credit is fairly pervasive nowadays in Greensburg and across Pennsylvania. The chart below shows the estimated number of Greensburg residents at each credit level.

FICO Score % of Population Residents
300-499 2% 1145
500-549 5% 2863
550-599 8% 4580
600-649 12% 6871
650-699 15% 8588
700-749 18% 10306
750-799 27% 15459
800-850 13% 7443